NOT LISTED FOR SALE

934 NE 5th Ave Camas, WA 98607

Estimated Value: $619,460 - $738,000

-- Bed
-- Bath
2,592 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 26, 2024

Last sale price $681,000 $263 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,899/month

5 Days on Market

Highlights

  • City View
  • Corner Lot
  • Landscaped
  • Helen Baller Elementary School Rated A
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2024

This Mission-style apartment building offers a prime location for investors seeking a desirable rental property or owner-occupants looking to offset their mortgage by renting out two units. Situated near downtown Camas, residents will enjoy easy access to shops, the movie theater, restaurants, and Lacamas Creek Park just half a mile away. The property features a shared laundry room and efficient gas furnaces in each unit. With a little TLC, this vintage property can be transformed into your dream spot. Don't miss out on this opportunity - the owner is also a licensed real estate agent in Washington state.Due to interest looking at all offers highest and best due Thursday March 14th at 8 p.m.

Last Agent to Sell the Property

Stephanie Huntington

Real Broker LLC Brokerage Email: WABroker@TheRealBrokerage.com License #76845 Listed on: 03/09/2024

Last Buyer's Agent

Lacy Carse

Premiere Property Group LLC License #138158

Premiere Property Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,471

Year Built

  • Built in 1926

Lot Details

  • 4,791 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Property Views

  • City
  • Woods
  • Territorial

Home Design

  • Flat Roof Shape
  • Membrane Roofing
  • Block Exterior
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,592 Sq Ft Home
  • 2-Story Property

Partially Finished Basement

  • Crawl Space
  • Natural lighting in basement

Schools

  • Helen Baller Elementary School
  • Liberty Middle School
  • Camas High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes electricity, sewer, trashcollection, water
  • Assessor Parcel Number 078520000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Camas Central District Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $11,988
  • Gross Income $45,000
  • Net Operating Income $33,012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,471

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1926
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, Daylight, PartiallyFinished
  • Storage: None
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Block,HardConcreteStucco
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, GentleSloping, Level
  • Road Surface Type: Paved
  • Roof: Flat, Membrane
  • View: City,Territorial,TreesWoods

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: self managed
  • Community Features: FrontYardLandscaping, Laundry
  • Association: No

Schools

  • Elementary School: Helen Baller
  • High School: Camas
  • Middle Or Junior School: Liberty

Lot Info

  • Zoning: R7.5
  • Lot Size Acres: 0.11
  • Lot Size: approx 48 by 100
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 078520000

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Electricity, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3471.05
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 14.42
  • Annual Gross Income: 45000.0
  • Property Net Operating Income: 33012.0
  • Annual Operating Expense: 11988.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Apr 25, 2024
Sold by
Wright Andrew L and Wright Tamera B
Bought by
934 Ne 5Th Ave Llc
Seller's Agent
Stephanie Huntington
Real Broker LLC
Buyer's Agent
Lacy Carse
Premiere Property Group LLC
List Price
$649,000
Sold Price
$681,000
Premium/Discount to List
$32,000
4.93%
Views
42
Current Estimated Value
$668,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,513
Avg. Annual Appreciation
-1.28%

Purchase Details

Listed on
Mar 9, 2024
Closed on
Apr 23, 2024
Sold by
Huntington Stephanie
Bought by
Wright Andrew L and Wright Tamera B
Seller's Agent
Stephanie Huntington
Real Broker LLC
Buyer's Agent
Lacy Carse
Premiere Property Group LLC
List Price
$649,000
Sold Price
$681,000
Premium/Discount to List
$32,000
4.93%
Views
42

Purchase Details

Closed on
Feb 8, 2007
Sold by
Lutz Barry R and Lutz Rosanna L
Bought by
Huntington Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,980
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2004
Sold by
Lutz Megan Marie
Bought by
Lutz Barry R and Lutz Rosanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2000
Sold by
Lutz Barry R and Lutz Rosanna L
Bought by
Lutz Megan Marie

Purchase Details

Closed on
Jun 15, 1999
Sold by
Obley Travis William
Bought by
Lutz Megan Marie

Purchase Details

Closed on
Aug 28, 1996
Sold by
First Independent Bank Trustee
Bought by
Lutz Megan Marie and Obley Travis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,960
Interest Rate
8.23%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
934 Ne 5Th Ave Llc $313 Clark County Title Company
Wright Andrew L $681,000 Clark County Title Company
Huntington Stephanie $289,900 Stewart Title
Lutz Barry R $172,000 Stewart Title
Lutz Megan Marie -- Charter Title Corporation
Lutz Megan Marie -- Charter Title
Lutz Megan Marie $119,950 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huntington Stephanie $57,980
Previous Owner Huntington Stephanie $202,900
Previous Owner Lutz Barry R $129,000
Previous Owner Lutz Megan Marie $95,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2024 04/26/24 Sold $681,000 +4.9% $263 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $649,000 -- $250 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,257 $446,300 $103,880 $342,420
2024 $3,961 $446,300 $143,354 $302,946
2023 $3,471 $371,900 $119,462 $252,438
2022 $3,610 $371,900 $119,462 $252,438
2021 $3,474 $323,400 $103,880 $219,520
2020 $3,746 $288,530 $87,556 $200,974
2019 $3,197 $288,530 $87,556 $200,974
2018 $3,554 $262,300 $0 $0
2017 $2,862 $245,100 $0 $0
2016 $2,568 $214,900 $0 $0
2015 $2,476 $191,840 $0 $0
2014 -- $174,400 $0 $0
2013 -- $174,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24521974

Regional Multiple Listing Service (RMLS)

APN: 078520-000